Latest Ratios: P/E Ratio 5.9x · EV/EBITDA 3.9x · ROE N/A. (2022–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $2.3B | $2.7B | — | — | — |
| Enterprise Value | $2.3B | $2.7B | — | — | — |
| P/E Ratio → | 5.87 | 5.80 | — | — | — |
| P/S Ratio | 1.95 | 2.33 | — | — | — |
| P/B Ratio | — | — | — | — | — |
| P/FCF | 2.84 | 3.39 | — | — | — |
| P/OCF | 2.83 | 3.38 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | 2.33 | — | — | — |
| EV / EBITDA | 3.85 | 4.59 | — | — | — |
| EV / EBIT | 3.83 | 4.54 | — | — | — |
| EV / FCF | — | 3.39 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | 79.6% | 79.6% | 49.8% | 46.3% | 31.1% |
| Operating Margin | 51.0% | 51.0% | 31.9% | 25.1% | 12.4% |
| Net Profit Margin | 38.4% | 38.4% | 23.8% | 18.6% | 9.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | — | — | 60.0% | 46.9% | 16.5% |
| ROA | — | — | 13.4% | 9.8% | 3.2% |
| ROIC | — | — | — | — | — |
| ROCE | — | — | 69.5% | 51.8% | 17.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.11 | 0.18 | 0.24 |
| Debt / EBITDA | — | — | 0.17 | 0.33 | 0.89 |
| Net Debt / Equity | — | — | -1.03 | -1.23 | -1.07 |
| Net Debt / EBITDA | — | 0.00 | -1.59 | -2.31 | -4.02 |
| Debt / FCF | — | 0.00 | -0.82 | -0.67 | -1.06 |
| Interest Coverage | 219.83 | 219.83 | 72.92 | 50.00 | 62.38 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | — | — | 0.97 | 0.94 | 1.13 |
| Quick Ratio | — | — | 0.97 | 0.94 | 1.13 |
| Cash Ratio | — | — | 0.38 | 0.46 | 0.33 |
| Asset Turnover | — | — | 0.44 | 0.44 | 0.34 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | 17.0% | 17.2% | — | — | — |
| FCF Yield | 35.2% | 29.5% | — | — | — |
| Buyback Yield | 1.8% | 1.5% | — | — | — |
| Total Shareholder Yield | 1.8% | 1.5% | — | — | — |
| Shares Outstanding | — | $138M | $125M | $125M | $21M |
Florida catastrophe reinsurance dependency
As reported in the quarterly data, Slide achieved a combined ratio of 52.3% in 2026Q1, demonstrating a highly efficient underwriting engine that appears to leverage modern data architecture to maintain profitability while aggressively expanding its policy footprint within the volatile Florida homeowners' insurance market.
The trajectory of the combined ratio, which improved from 71.0% in 2023Q4 to 52.3% in 2026Q1, suggests that the company is successfully capturing underwriting margins that exceed traditional industry benchmarks. This performance appears to be supported by a disciplined loss ratio management strategy, though investors should monitor whether these levels are sustainable as the company continues to absorb distressed policy books.
Based on the provided financial figures, Slide's ROE reached 12.5% in 2026Q1, reflecting a profitability profile that is primarily fueled by strong underwriting margins rather than investment yield, which warrants further investigation into the long-term sustainability of these returns as the company's capital base continues to grow.
The decomposition of ROE suggests that Slide's ability to generate underwriting profit is the primary engine of its current financial performance. While investment income on float remains a secondary contributor, the company's focus on high-margin underwriting appears to be the key differentiator compared to legacy peers who struggle with higher loss ratios.
According to the reported financial statements, Slide maintains a conservative leverage profile with a debt-to-equity ratio of 0.01 as of 2026Q1, indicating that the company is well-positioned to support its ongoing underwriting expansion without relying on significant external financing or excessive balance sheet risk.
The low debt-to-equity ratio suggests a fortress-like capital structure that provides a necessary buffer against the inherent volatility of the Florida property market. This capitalization strategy appears to prioritize solvency and regulatory compliance, which is essential for maintaining the trust of reinsurance partners in a hardening market environment.
Investors frequently misapply the combined ratio to Slide by failing to adjust for the impact of ceding commissions, which, as indicated by the company's financial data, can artificially inflate underwriting margins and obscure the true underlying volatility of the insurance book during periods of high catastrophe exposure.
The reliance on the combined ratio as a standalone metric may lead to an overestimation of underwriting quality if the impact of reinsurance ceding is not properly isolated. Analysts should instead focus on the net loss ratio and the consistency of reserve development to gain a more accurate understanding of the company's true risk-adjusted profitability.
Includes 30+ ratios · 4 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SLDE stock.
Slide Insurance Holdings, Inc. Common Stock's current P/E ratio is 5.9x. The historical average is 5.8x. This places it at the 100th percentile of its historical range.
Slide Insurance Holdings, Inc. Common Stock's current EV/EBITDA is 3.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.6x.
Based on historical data, Slide Insurance Holdings, Inc. Common Stock is trading at a P/E of 5.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Slide Insurance Holdings, Inc. Common Stock has 79.6% gross margin and 51.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.